Directors and Officers Liability Insurance

Directors & Officers Liability

In an increasingly litigious world, your company's officers and board of directors are personally at risk of incurring financially devastating lawsuits. To attract top-tier talent, you must provide protection from these risks, giving your officers and directors the freedom to use the initiative, vision and business strategy you hired them for.

Legal Framework in Botswana  
THE COMPANIES ACT, 2003, ACT NO. 32 OF 2004 Section 159 provides for personal liability of directors and officers arising out of negligent acts.

Individual coverage for your directors and officers
With Aon's directors and officers (D&O) liability insurance you can offer your executives personal liability and financial loss protection from wrongful acts committed - or allegedly committed - in their capacity as corporate officers.

Directors and officers insurance policies designed for your organisation
Aon will help you design and implement a directors and officers liability insurance policy that fits in with your business, by identifying your corporate and personal exposures to liability. Our solution helps you minimise risks.

Directors and officers insurance expertise
We deliver solutions based on nearly 20 years of experience. In fact, Aon professionals first developed many directors and officers' insurance products that are now industry standards.

The main advantages
Among the advantages are:

  • Protection of the personal assets of the directors
  • Indirect protection of company assets
  • Effective tool to attract and retain quality management within the company

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